The USD/CHF tests the support base – Analysis – 29/12/2022

forex-news-usd_dollarThe USDCHF pair provided negative trades in the previous sessions to test the key support that declines now to 0.9245, waiting to resume the bullish trend that targets 0.9435 as a next main station.

Breaching 0.9345 will ease the mission of achieving the mentioned target, noting that breaking 0.9245 will stop the expected bullish trend and press on the price to turn to decline again.

The expected trading range for today is between 0.9220 support and 0.9350 resistance.

The expected trend for today: Bullish

Origin: Economies

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